Updated Dec 21, 2023
Flyhomes, Inc Acquires Multifamily Property In Medford, MA For $1.23M
21 Bradbury Avenue, Medford, Massachusetts 02155, United States
$1,230,000
$368/SF
Building Size
3,338 SF
Asset Type
MultiFamily
Closing
Apr 28, 2022
About this deal
AI
Located at 21 Bradbury Ave in Medford, MA, this multifamily property was recently sold in a closed transaction. The property spans over 3,338 square feet and was sold for a total price of $1,230,000, resulting in a price per square foot of $368.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $1,230,000
- Square Footage: 3,338
- Price Per Square Foot: $368
- Market: Medford, MA
- Buyer's Representative: Yi Sun - Flyhomes, Inc
- Seller's Representative: Deb On The Web Realty Group - RE/MAX Andrew Realty Services
The buyer in this transaction was represented by Yi Sun from Flyhomes, Inc. On the other hand, Deb On The Web Realty Group from RE/MAX Andrew Realty Services acted as the seller's representative.
Players
Medford MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.90%
Cash-on-Cash
-3.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93